Statistics

China's industrial profit up 61.1% Jan-July

(Xinhua)
Updated: 2010-08-27 14:53

BEIJING - Profits of Chinese industrial enterprises in 24 regions climbed 61.1 percent year-on-year to 1.88 trillion yuan ($275.90 billion) in the first seven months, the National Bureau of Statistics (NBS) said Friday.

Related readings:  China's industrial profit up 71.8% in H1  China's industrial profit up 81.6% in Jan-May  Industrial profit tops $100b in Q1  Jan-Feb industrial profit more than doubles

The growth rate was 10.7 percentage points lower than that in the first half year, said a statement on the NBS website.

Among the 39 industrial categories in the survey, total company profits in 36 grew year-on-year, according to the statement.

The survey covers industrial enterprises with main business revenues above 5 million yuan annually.

The 24 regions comprise all of the Chinese mainland provinces, municipalities and autonomous regions except the Inner Mongolia and Tibet autonomous regions; Hunan, Guangdong, Hainan and Yunnan provinces; and Chongqing.